DOJ Antitrust Concerns Topple $960M Insulation Biz Merger
By Henrik Nilsson ( April 22, 2024, 11:08 PM EDT) -- Insulation and building material provider TopBuild Corp. said Monday it has terminated its $960 million agreement to buy mechanical insulation provider Specialty Products & Insulation from private equity firm Incline Equity Partners, saying it was unable to reach a deal with the U.S. Department of Justice over antitrust concerns....
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